Award-winning, Californian sustainable metal powder developer and MolyWorks subsidiary Continuum has raised $36 million in funding.
Designed to address 3D printing and metal injection molding (MIM) system users, the firm’s ‘Optipowder’ feedstocks are formulated entirely from recycled materials. Having gained the backing of Ara Partners, a private equity firm specializing in industrial decarbonization, Continuum now aims to scale its capacity to meet growing customer demand.
“The additive manufacturing powder market is expected to more than triple over the next five years as the 3D printing industry hits a commercial inflection point,” said Phil Ward, Continuum’s CEO. “Ara’s investment allows us to supply the industry’s growth with a sustainable solution.”
“Ara has demonstrated experience scaling businesses that support the transition to a circular…
